Vietnam earns $78 billion from digital exports in H1

THE HANOI TIMES — Vietnam's digital economy expanded sharply in the first half of 2025, fueled by booming exports, innovation, e-commerce, and accelerating digital transformation across sectors.

At a government meeting on July 20, officials reported that digital exports brought in $78 billion during the period, marking a 20% increase compared to the same time last year.

This surge was a standout highlight in the country’s digital development, driven by booming e-commerce, innovation, and ongoing digital transformation across sectors. The report also noted significant progress in science, technology, and innovation efforts nationwide.

There was a 9% increase in international publications, particularly in strategic fields such as computer science, mathematics, and medicine.

The 5G rollout accelerated with the installation of 15,000 base stations nationwide, helping Vietnam enter the global top 20 for mobile internet speed.

State revenue from the digital economy and e-commerce totaled VND98 trillion (US$3.8 billion), up 58% year-on-year. Non-cash payments surged by 45% in transaction volume and 25% in value. Around 70% of consumers in major cities now opt for cashless payments daily.

The government issued 28 decrees on decentralization and submitted 19 draft laws and five resolutions to the National Assembly.

Authorities also simplified over 870 administrative procedures and promoted the use of biometric authentication in banking and air travel. To date, 116 million customer profiles have been verified. Nearly 5,000 flights have had passengers cleared for boarding using biometrics at Noi Bai and Tan Son Nhat airports.

National programs have also focused on training high-quality human resources and attracting talent in core sectors. Strong involvement from businesses and the public has contributed to Vietnam’s momentum in digital and socioeconomic development.